Retail premises for sale in 1A Wharf Road, Higham Ferrers, Rushden, Northamptonshire NN10, £150,000

150,000.00

Offer Nr.:
62754532
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Prop-Search.com
Phone(s):
01933 818993

* For sale: Retail Unit in Popular Market Town
* Ground floor retail unit of 779 sq ft
* Planning for residential conversion
* For sale freehold with vacant possession
**Location**
Higham Ferrers is located in North Northamptonshire, close to its borders with
Bedfordshire and Cambridgeshire. The town benefits from good road
communications, with the A45 providing access to Junctions 15 and 15A of the
M1 at Northampton. The A14 (Junction 12) is approximately seven miles to the
east, via the A45 and via the A6. The property is situated on Wharf Road at
its junction with Westfields Terrace and Saffron Road - adjacent to the Post
Office and Berties Pet Shop. The main High Street is less than a one minute
walk away.
**The property**
The property forms part of a scheme of 10 residential apartments and two
shops, constructed in approx. 2007/2008 - Planning Reference: 06/01841/ful.
Unit 1A (ground floor shop) is of brick construction under a pitched tiled
roof, benefiting from dual frontage to Wharf Road and Westfields Terrace with
two entrance doors.
1A Wharf Road (Ground Floor)
Sales Area: 71. 40 sq m / 768 sq ft
Kitchen: 1 sq m / 11 sq ft
wc
The self - contained first floor flats - Unit 10 (Flat No 4) & Unit 11 (Flat No
5) were sold on long leases of 125 years in 2009. The freeholder is
responsible for paying 5% per property for the maintenance of the rights in
common with the neighbouring apartments within the scheme.
**Planning**
Unit 1A has planning for conversion to provide for a two - bedroom apartment;
granted in December 2020 - Planning Application: 20/01048/ful (East Northants
Council).
**Tenure**
The property is being offered 'for sale' on a 999 yearlease at a guide price
of £160, 000 + VAT. It is being sold with vacant possession.
'services
We are advised that mains services are connected to the premises (electricity,
water & drainage). None have been tested by the agents.
**Business rates**
Unit 1A
Rateable Value: ` £6, 500
Applicants are advised to verify the rating assessments with the Local
Authority.

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